Top 7 Gold ETFs With Highest Return in 5 Years: No. 1 ETF has converted Rs 2,50,000 investment into Rs 5,41,817? Here's how others have performed
Top 7 gold ETF 5-year With Highest Annualised Return: Gold ETFs track the price of physical gold of very high purity. Gold ETF investors get the advantage of gold's price appreciation without directly investing in its physical form.
Top 7 gold ETF 5-year With Best Annualised Return: Gold's charm is everlasting, right from ancient times to the modern age. People from all walks of life and most age groups want to own gold in some form. In India, this charm is more about owning physical gold. It is considered a prized possession, a mark of respect in society, and a hedge against inflation in the long term. But in current times, many want to own gold just as a source of investment. Such investors invest in gold's electronic form. Gold ETF is one such form. These are passive mutual funds that can be traded in a share market like any other stock. They track the price of physical gold of very high purity. So, while investors get the benefit of physical gold's price appreciation, they don't need to own it just in the electronic form. Investors need to have a demat account to trade gold ETFs. Know about the top 7 gold ETFs with highest annualised returns (CAGR) in 5 years and what Rs 2.5 lakh investment in each of them has given during the same period.
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LIC MF Gold ETF
The ETF has given 16.73 per cent annualised return in the 5-year period.
It has assets under management (AUM) of Rs 172 crore, while its net asset value (NAV) is Rs 6,958.0663.
Benchmarked against the domestic price of gold, the fund has given 6.78 per cent annualised return since its debut in November 2011.